FASA FRANCHISE MEMBER INFORMATION

Company Name
StyleWize
Category
Health, Beauty & Body Culture
Region
KwaZulu-Natal
Tel
039 682 0400
Fax
086 543 7959
Email
Website
Contact Person
Ahmed Seedat
Postal Address
P O Box 227, Port Shepstone, 4240
Opportunities
Rest of KZN and Eastern Cape
History
StyleWize was started in 2009 and quickly expanded to 15 franchisees in the last 5 years.
Activities
StyleWize is a retail outlet specializing in hair extansions. The hair extensions industry in the black community has increased tremendously in the last few years as status and beauty has become focal the point for women in the workplace and the fact that disposable income has increased in the community. This is a rewarding business to be part of as the return on investment is high and the fact that you will be playing a great role in beautifying women while also making money.
Profile
A peoples person who is able to work with people and have a pleasant positive and caring nature. Excellent selling skills, communication skills, hard-working, positive attitude, be a good leader, financially and ethically sound person, approximately 50 percent of total set-up costs available in cash, and working capital which will include at least 6 months personal living expenses while the Franchise outlet is being established.
Training
Financial
Upfront fee R75 000 00; Approximate establishment cost R575 000.00 estimated; Recommended working capital R50 000.00; Total investment R700 000.00; Franchisees minimum own cash (before loan) R300 000.00; Management services fee 4.5%; Advertising/marketing fee contribution 2%; Total fees 6.5%.
Membership #
F12/0667